Emergency Food Market Size to grow by USD 3.20 billion between 2024-2028

Technavio, a leading provider of market research reports, has released its latest study on Emergency Food Market. This report offers a comprehensive analysis of the current market trends, emerging opportunities, and key challenges.

Key Highlights:

• Market Research Overview: The global emergency food market is a significant segment of the larger packaged foods and meats market, which falls under the food products sector of the food, beverage, and tobacco industry, according to Technavio's market research. This market encompasses food processing vendors engaged in preserving foodstuffs through eliminating microorganisms and extending shelf life. Technavio calculates the market size based on the consolidated revenue of the participating vendors, excluding those that manufacture food processing equipment. Notably, this market does not cover producers of packaged alcoholic and non-alcoholic beverages, including mineral waters. - The Emergency Food Market is experiencing significant growth, fueled by the Growth of organized retail sector. Businesses are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

• Major Findings:
  • Growth of organized retail sector
  • Significant rise in new product launches
  • Need for adherence to stringent regulations and guidelines
  • Fluctuating prices of raw materials
• Growth Projections

The market size is estimated to grow by USD 3.20 billion, at a CAGR of 7.35% during the forecast period. In the dynamic food market, the surge in health-conscious consumer behavior is driving a notable increase in demand for organic freeze-dried foods, particularly in countries such as the UK and the US. Consumers with dietary restrictions, including lactose intolerance and celiac disease, are fueling this trend by shifting towards vegan and gluten-free options. Moreover, the growing demand for meat alternatives further reinforces this trend. The vegan population is experiencing significant growth, and organic freeze-dried foods cater to this market segment with their higher nutritional profiles. These foods undergo a meticulous processing method, where whole foods such as acai, chia, cacao, moringa, flax, and turmeric are first freeze-dried and then cold-pressed. To earn the organic certification, vendors must adhere to stringent organic conditions and standards throughout production, encompassing sourcing raw products, nutrition extraction procedures, crop management, processing temperature, transportation, and packaging materials.

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• Regional Insights

In North America, the market for emergency food products, also known as ready-to-eat, long-lasting provisions designed for consumption during crises or natural disasters, has experienced significant growth. These goods, which include freeze-dried meals, canned foods, energy bars, and food rations, are highly valued for their nutritional content, ease of storage, and extended shelf life. The increasing awareness of the need for disaster preparedness, the convenience of ready-to-eat meals during emergencies, and the rise in natural disasters in the region are key drivers fueling the demand for emergency foods in North America.

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